Program areas at Valspar Championship
The 2023 Valspar Championship, tampa bay's pga tour event, generated charitable contributions of $1,189,548 for charity. The tournament's charitable initiatives come through the sponsoring organization, Copperhead Charities inc.copperhead Charities, now has now generated roughly $50 million for charity since 1977 through the sponsorship of professional golf tournaments in the tampa bay area. (see continuation at schedule o. )the total includes money raised through ticket sales and other tournament proceeds. Approximately 70 area Charities are benefiting from the 2023 tournament. Copperhead Charities made many directed donations in 2023 with tampa general hospital, habitat for humanity of pinellas and west pasco counties, st. petersburg college foundation, and area chapters of the first tee among the key Charities benefiting.an independent economic impact study performed by the university of south Florida college of business sport and entertainment management program and sportseconomics, llc found that tournament activities translate to an annual economic impact of over $64 million to the tampa bay area.
Grants made by Valspar Championship
Who funds Valspar Championship
Grants from foundations and other nonprofits
Personnel at Valspar Championship
| Name | Title | Compensation | Date of data |
|---|
| Tracy West | Tournament Director | $337,915 | 2023-12-04 |
| Zachary Labbe | Director of Operations | $111,879 | 2023-05-31 |
| Lee Ann Grammer | Tournament Finance Director | | 2023-01-24 |
| James Harrison | Former Sales Marketing Director | $206,198 | 2022-05-31 |
| Kathleen Foerster | Sponsor Activation and Communications Director | | 2023-01-24 |
| ...and 8 more key personnel |
Financials for Valspar Championship
| Revenues | FYE 05/2023 | FYE 05/2022 | % Change |
|---|
| Total grants, contributions, etc. | $5,762,675 | $5,802,935 | -0.7% |
| Program services | $10,539,745 | $10,396,344 | 1.4% |
| Investment income and dividends | $32,106 | $30,638 | 4.8% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $22,611 | $46,115 | -51% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $16,357,137 | $16,276,032 | 0.5% |
Organizations like Valspar Championship
| Organization | Type | Location | Revenue |
|---|
| Equestrian Events, Incorporation (EEI) | 501(c)(3) | Lexington, KY | $7,645,985 |
| Reno Air Race Association | 501(c)(3) | Reno, NV | $5,115,965 |
| Chick-fil-A Peach Bowl | 501(c)(3) | Atlanta, GA | $47,413,811 |
| San Antonio Bowl Association | 501(c)(3) | San Antonio, TX | $16,390,301 |
| LPGA Foundation | 501(c)(3) | Daytona Beach, FL | $9,429,428 |
| Dana Open | 501(c)(3) | Toledo, OH | $4,926,030 |
| Monterey Peninsula Foundation (MPF) | 501(c)(3) | Monterey, CA | $44,875,675 |
| Big Sur Marathon Foundation | 501(c)(3) | Carmel, CA | $4,209,357 |
| Zurich Classic of New Orleans | 501(c)(3) | Avondale, LA | $17,405,479 |
| Heritage Classic Foundation | 501(c)(3) | Hilton Head Island, SC | $14,506,827 |
Data update history
February 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
February 4, 2024
Updated personnel
Identified 5 new personnel
December 27, 2023
Received grants
Identified 3 new grant, including a grant for $225,000 from PGA Tour November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsAmateur sports clubsSports organizationsCharities
Issues
Human servicesSports
Characteristics
State / local levelCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
- Address
- 35111 Us Hwy 19 N 302
- Palm Harbor, FL 34684
- Metro area
- Tampa-St. Petersburg-Clearwater, FL
- County
- Pinellas County, FL
- Website URL
- valsparchampionship.com/Â
- Phone
- (727) 942-5566
- Facebook page
- ValsparChampionshipÂ
- Twitter profile
- @valsparchampÂ
IRS details
- EIN
- 59-2319162
- Fiscal year end
- May
- Taxreturn type
- Form 990
- Year formed
- 1977
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- N60: Amateur Sports Clubs, Leagues
- NAICS code, primary
- 7113: Promoters of Performing Arts, Sports, and Similar Events
- Parent/child status
- Independent
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